There's been a lot of that lately. Where you can be confident of the place, but not confirmation. Especially gold. I've been keeping an eye on that. The levels are working great! ...but the bar signals have sucked! lol

james16 Chart Thread

Daily chart has not given any reason to close out yet. Would love to have kept mine running too. I entered on the 1 hr originally on an IB. Trade made awesome money for the risk, but the position size was way too big to manage by the daily chart ...

james16 Chart Thread

We were at previous high (1995) ....a pretty good round number too.... and a very nice looking BEOB on the 4 hr. Way better than my very crappy choice on GBPCHF. Looking at it now, it's a horrible BUOB. ...Puts the EURGBP trade into perspective. ...

james16 Chart Thread

Don't worry guys. I was short too. It struggled the whole way through. Some times they do just do that though, ...So I held too. Also lost out on GBPCHF in similar way. It even had a trendline bounce working against it. lol If your position size ...

james16 Chart Thread

One thing evident here is the range of different 'knacks' various people have here. I trade one way. Raczek trades another. Rusty can be along those lines too. Hipster, Jaroo, Mark, Mr T and so on. ...Man... ...Where I skip a trade , these other ...

james16 Chart Thread

Yeah. Somewhere around there. I'd already planned to enter there if it came along, with a stop below the lows.

james16 Chart Thread

I'll back-up Mike big here. Coming off Asia you have to be very careful of IBs. In my opinion you want the whole IB below the PPZ neatly for the highest chance of success too. If the preceding bar pokes through that's no problem most of the time, ...

james16 Chart Thread

Not majorly convincing.., but good PA confirmation for a 50% retrace entry on that 4hr BUOB we got yesterday on this pair. Coincides with a PPZ too. My stop is below the 4hr BUOB.

james16 Chart Thread

Watching like an eagle at this level like you. This and Oil ( which gave a nice trade last night.) Would be nice to see a solid signal here. So far it's only given me short signals above my level. Or Long signals into it from below. Either way ...

james16 Chart Thread

lol BTW, good start to the week, y'all.

james16 Chart Thread

Remember too, that these patterns are like any other PA formation. They work best and give the highest chance of success when they are in the right place. Consolidation breakouts, triangles etc usually happen for a reason. When it's a ...

james16 Chart Thread

lol... yeah. Welcome to "the path"...

james16 Chart Thread

Sorry if I repeated stuff you already know amongst that too man. lol

james16 Chart Thread

The "double bottom" as a chart pattern gives us probability based method to trade that pattern with. Sometimes if you don't find a bar formation there is often an underlying pattern there that you can trade with a high probability method. Giving you ...

james16 Chart Thread

Ok. No not the same as a double bottom. Double bottom infers a double touch of the absolute low. The same way as tripple tops etc that we play. An inverted Head and Shoulders Pattern is a single touch of the bottom with an immediate change of trend ...

james16 Chart Thread

Ok , pretty much the old school pattern projection techniques. Trendy could probably real them off the top of his head.

james16 Chart Thread

Nison has projections? Wow. Didn't know that. For candel patterns? Or other complimentary techniques of his?

james16 Chart Thread

Yeah they are both just ways of filtering a good 1-2-3 pattern down to a better trade. With targets. Love the projections these patterns give. I'm not that good. I have my favourites. MR T is one that has the most experience with all ...

james16 Chart Thread

Ok, thanks bud.

james16 Chart Thread

For sure. The usual PPZ style buffer/looseness(lol) caper in fact. They are strong trend reversal patterns on decent timeframes (actually all time frames, if kept in context)

james16 Chart Thread